JABAR EKSPRES – British stocks ended lower on Wednesday local time (8/2/20/23), extending losses for the second day in a row, with the benchmark FTSE 100 index on the London Stock Exchange slumping 1.36 percent or 104.64 points to settle at 7,561.63 points.

The FTSE 100 index fell 0.43 percent or 33.14 points to 7,666.27 points on Tuesday (8/1/2023), after lifting 0.07 percent or 5.14 points to 7,699.41 points on Monday (7/31/2023), and gaining 0.02 percent or 1.51 points to 7,694.27 points on Friday (7/28/2023).

Of the 100 stocks of selected large companies that are components of the FTSE 100 index, only seven stocks managed to post gains, while 92 stocks suffered losses and one stock traded unchanged.

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Evraz PLC, a British multinational steel manufacturing and mining company partly owned by Russian oligarchs posted the biggest loss (top loser) among the leading stocks or blue chips, with its share price tumbling 12.59 percent.

Followed by shares of software company offering a robotics platform that provides end-to-end solutions for online grocery trading Ocado Group PLC plunged 5.61 percent; and British multinational insurance and financial services company Prudential PLC fell 4.44 percent.

Meanwhile, BAE Systems PLC, a British multinational arms, security and aerospace industry company soared 6.36 percent, becoming the top gainer of the leading stocks.

Followed by shares of one of the UK’s largest housing developers, Taylor Wimpey PLC, up 2.85 percent; and one of the world’s leading paper-based packaging companies Smurfit Kappa Group PLC up 1.83 percent.